Golden Matrix Group Inc

Company Profile

Golden Matrix Group Inc had its IPO on 2009-10-30 under the ticker symbol GMGI.

The company operates in the Communication Services sector and Electronic Gaming & Multimedia industry. Golden Matrix Group Inc has a staff strength of 30 employees.

Stock update

Shares of Golden Matrix Group Inc opened at $3.03 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $2.8 - $3.07, and closed at $2.91.

This is a -7.03% slip from the previous day's closing price.

A total volume of 42,105 shares were traded at the close of the day’s session.

In the last one week, shares of Golden Matrix Group Inc have increased by +0.34%.

Golden Matrix Group Inc's Key Ratios

Golden Matrix Group Inc has a market cap of $113.10 million, indicating a price to book ratio of 2.2606 and a price to sales ratio of 2.3245.

In the last 12-months Golden Matrix Group Inc’s revenue was $41.97 million with a gross profit of $9.16 million and an EBITDA of $-2943663. The EBITDA ratio measures Golden Matrix Group Inc's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Golden Matrix Group Inc’s operating margin was -8.13% while its return on assets stood at -6.24% with a return of equity of -12.19%.

In Q2.3333333333333, Golden Matrix Group Inc’s quarterly earnings growth was a positive 100% while revenue growth was a positive 24.2%.

Golden Matrix Group Inc’s PE and PEG Ratio

Forward PE

0

Trailing PE

0

PEG

Its diluted EPS in the last 12-months stands at $-0.08 per share while it has a forward price to earnings multiple of 0 and a PEG multiple of . A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Golden Matrix Group Inc’s profitability.

Golden Matrix Group Inc stock is trading at a EV to sales ratio of 4.8003 and a EV to EBITDA ratio of 64.5758. Its price to sales ratio in the trailing 12-months stood at 2.3245.

Golden Matrix Group Inc stock pays annual dividends of $0 per share, indicating a yield of 0% and a payout ratio of 0%.

Balance sheet and cash flow metrics

Total Assets

$34.99 million

Total Liabilities

$4.09 million

Operating Cash Flow

$0

Capital Expenditure

$9

Dividend Payout Ratio

0%

Golden Matrix Group Inc ended 2024 with $34.99 million in total assets and $0 in total liabilities. Its intangible assets were valued at $34.99 million while shareholder equity stood at $30.90 million.

Golden Matrix Group Inc ended 2024 with $0 in deferred long-term liabilities, $4.09 million in other current liabilities, 361.00 in common stock, $-26617749.00 in retained earnings and $10.38 million in goodwill. Its cash balance stood at $16.14 million and cash and short-term investments were $16.14 million. The company’s total short-term debt was $88,198 while long-term debt stood at $0.

Golden Matrix Group Inc’s total current assets stands at $22.09 million while long-term investments were $0 and short-term investments were $0. Its net receivables were $4.25 million compared to accounts payable of $2.42 million and inventory worth $1.52 million.

In 2024, Golden Matrix Group Inc's operating cash flow was $0 while its capital expenditure stood at $9.

Comparatively, Golden Matrix Group Inc paid $0 in dividends in 2024.

Other key metrics

Current Trading Price

$2.91

52-Week High

$4.464

52-Week Low

$1.89

Analyst Target Price

$4

Golden Matrix Group Inc stock is currently trading at $2.91 per share. It touched a 52-week high of $4.464 and a 52-week low of $4.464. Analysts tracking the stock have a 12-month average target price of $4.

Its 50-day moving average was $2.45 and 200-day moving average was $2.61 The short ratio stood at 1.23 indicating a short percent outstanding of 0%.

Around 5299.3% of the company’s stock are held by insiders while 222.2% are held by institutions.